The December bank statement and cash T-account for Stewart Company follow: Withdrawals Deposits $ 550 7,500 125 Balance $50,500 49,950 42,450 42,325 72,225 70,075 57,575 600 $30,500 2,150 12,500 Date Dec. 1 2-Cheque 4-Cheque 6-Cheque 11-Cheque 13-Cheque 17-Cheque 23-Cheque 26-Cheque 28-Cheque 30-Cheque 30NSF* 31-Cheque 31-Interest earned 31-Service charge 36,500 . 925 93,085 2,450 17,500 350 1,700 90,6 92,6 op www 19,500 92,285 90,585 90,640 90,465 175 *NSF cheque from J. Left, a customer. + Cash (A) - Balance 50,500 Cheques written during December: Dec. 1 Deposits Dec. 11 23 30,500 36,500 19,500 13,500 550 7,500 125 600 2,150 12,500 2,450 65 925 175 17,500 3,750 1,700 Dec. 31 Balance 100,510 There were no deposits in transit or outstanding cheques at November 30. Required: 1. Identify and list the deposits in transit at the end of December. 2. Identify and list the outstanding cheques at the end of December. (Enter the amounts in descending order.) 3. Prepare a bank reconciliation for December. STEWART COMPANY Bank Statement Ending balance per bank statement Additions: Bank Reconciliation At December 31 Company's Books Ending balance per Cash account Additions: Deductions: Deductions: Up-to-date cash balance Up-to-date cash balance Journal entry worksheet B C Record the interest earned on Dec 31. Note: Enter debits before credits. General Journal Debit Credit Date Dec 31 Record entry Clear entry View general journal Journal entry worksheet Record the service charges incurred on Dec 31. Note: Enter debits before credits. Date General Journal Debit Credit Dec 31 Record entry Clear entry View general journal Journal entry worksheet Record the entry for NSF cheque noted on Dec. 30. Note: Enter debits before credits. Date General Journal Debit Credit Dec 30 Record entry Clear entry View general journal 5. After the reconciliation journal entries are posted, what balance will be reflected in the Cash account in the ledger? Cash balance 6. If the company also has $350 on hand, which is recorded in a different account called Cash on Hand, what total amount of Cash and Cash Equivalents should be reported on the December 31 balance sheet? Cash